Steam Has Banned All Games With Cryptocurrency And NFTs

Steam has banned all blockchain-based games that use cryptocurrencies and NFTs from its platform, presumably due to a potential threat of scamming.

Posted By | On 19th, Oct. 2021

Steam

Steam has recently banned all games which make use of cryptocurrencies and NFTs (Non Fungible Tokens) from the platform. In the updated Steam publishing guidelines, Valve has prohibited games from using these blockchain-based technologies for microtransactions and in-game items.

Valve hasn’t given any statement as to why it banned crypto and NFTs from the platform, although widespread speculation on the matter has settled on the fact that NFTs have been used to exploit customers for millions of dollars. Age of Rust from Space Pirate and Light Nite from Satoshis Games have been removed from the platform for the same reasons, among a plethora of others. Age of Rust uses NFT technology for in-game items such as skins, gears, and even quests.

While Valve has banned these blockchain technologies, the developer’s tactical shooter Counter-Strike: Global Offensive continues to boast an impressive economy of skins that can cost hundreds of thousands of dollars. Also, there’s been no shortage of reports surrounding players getting scammed in the name of these skins, so here’s hoping this is just a first step in Valve’s attempts to root out these problems.


Tagged With: ,

Amazing Articles You Might Want To Check Out!

Keep On Reading!

Kiln Open Beta is Now Available on Steam

Kiln Open Beta is Now Available on Steam

Pottery never looked this entertaining, and probably never had this much breakage with a chaotic gameplay loop...

Samson Roadmap Revealed, Next Update Focuses on Stability, Polish and Feedback

Samson Roadmap Revealed, Next Update Focuses on Stability, Polish and Feedback

It’s a busy month ahead in Tyndalston as the Samson team tries to claw its way back into its players’ good...

Code Vein 2’s Patch 1.0.7 Brings Performance Fixes, Balancing Changes, and More

Code Vein 2’s Patch 1.0.7 Brings Performance Fixes, Balancing Changes, and More

The new patch aims to improve performance and quality of life while making subsequent playthroughs feel more c...

MOUSE: P.I. For Hire Trailer Reveals Cast, Including Troy Baker as Jack Pepper

MOUSE: P.I. For Hire Trailer Reveals Cast, Including Troy Baker as Jack Pepper

He's joined Florian Clare, who plays journalist Wanda Fuller; Camryn Grimes, the voice of assistant Tammy Tumb...

Wuchang: Fallen Feathers Producer/Director Fired, Studio Faces Layoffs – Rumor

Wuchang: Fallen Feathers Producer/Director Fired, Studio Faces Layoffs – Rumor

It’s more saddening reports of layoffs, and Leenzee might just be taking a more brutal approach than most if...

New Metro Game Expected to be Announced Next Week – Rumor

New Metro Game Expected to be Announced Next Week – Rumor

4A Games could finally reveal more details about the franchise's next mainline title, which was confirmed to b...